Investors may not have heard much about Lumentum Holdings Inc. (NASDAQ: LITE) in the mainstream financial press in 2025, but that’s going to change. LITE is up more than 1,500% in the last 12 months, and two newsworthy catalysts will make the company hard to ignore as part of the ongoing artificial intelligence (AI) trade.
Founded in 2015 as a spinoff from JDS Uniphase, Lumentum makes optical and photonic products used in telecommunications, 3D sensing, and increasingly, data center infrastructure. The company spent years as a relatively quiet supplier to the tech industry. It was known inside the sector but rarely a headline name. That era appears to be over.
